Silicon Motion Technology
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
16.9212.69
Price/Sales ratio
2.762.63
Earnings per Share (EPS)
$4.28$5.71

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
17.9517.9613.4825.1812.3927.6921.0416.5512.5238.6420.7912.39
Price/Sales ratio
2.752.992.693.612.343.903.113.592.283.192.243.90
Price/Book Value ratio
2.613.003.383.822.323.323.005.032.952.782.283.32
Price/Cash Flow ratio
11.5816.4111.9118.1911.4823.1614.4818.7225.8013.7014.8411.48
Price/Free Cash Flow ratio
13.9325.6013.2020.4937.2226.7517.2822.0742.4020.6822.5626.75
Price/Earnings Growth ratio
0.300.550.16-0.750.38-0.810.830.10-1.26-0.55-4.07-0.81
Dividend Yield
2.54%1.91%1.53%1.69%3.48%2.47%2.91%1.63%2.30%0.81%3.62%3.48%
Profitability Indicator Ratios
Gross Profit Margin
51.74%51.07%49.37%47.99%49.17%48.58%48.21%49.97%49.24%42.30%45.37%48.58%
Operating Profit Margin
20.41%21.25%24.68%19.83%20.53%15.60%21.33%26.66%22.61%6.23%11.36%15.60%
Pretax Profit Margin
20.93%21.72%24.92%18.91%20.71%15.76%15.85%26.81%22.47%9.55%12.81%15.76%
Net Profit Margin
15.31%16.68%19.94%14.33%18.90%14.08%14.78%21.68%18.23%8.27%10.88%14.08%
Effective Tax Rate
26.58%23.24%19.97%24.28%10.73%10.64%6.79%19.13%18.84%13.39%15.03%10.73%
Return on Assets
12.11%13.52%18.30%10.81%14.90%9.22%10.74%20.59%17.94%5.24%8.47%9.22%
Return On Equity
14.57%16.73%25.05%15.18%18.76%11.99%14.29%30.41%23.54%7.19%11.53%11.99%
Return on Capital Employed
18.99%20.89%29.83%20.09%19.40%12.47%19.73%35.64%27.51%5.01%10.64%12.47%
Liquidity Ratios
Current Ratio
5.143.563.263.204.384.293.89N/AN/AN/A4.644.38
Quick Ratio
4.483.432.772.673.713.793.122.322.712.703.433.79
Cash ratio
3.532.311.882.022.552.562.161.271.261.471.772.56
Days of Sales Outstanding
36.4059.5848.3055.1863.1586.7978.3582.5679.52111.1890.6163.15
Days of Inventory outstanding
115.2297.2793.17126.29110.38137.31143.93129.05218.93214.74175.57110.38
Operating Cycle
151.62156.86141.48181.47173.54224.11222.28211.61298.46325.93266.18173.54
Days of Payables Outstanding
37.2446.5441.1475.6537.4547.6458.1863.9027.3855.0225.2747.64
Cash Conversion Cycle
114.38110.31100.33105.82136.08176.46164.10147.70271.07270.91240.91136.08
Debt Ratios
Debt Ratio
N/AN/A0.040.03N/AN/AN/AN/AN/AN/AN/AN/A
Debt Equity Ratio
N/AN/A0.050.05N/AN/AN/AN/AN/AN/AN/AN/A
Long-term Debt to Capitalization
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Total Debt to Capitalization
N/AN/A0.050.04N/AN/AN/AN/AN/AN/AN/AN/A
Interest Coverage Ratio
518.151.62K1.08K245.40288.1022.70K8.90KN/AN/AN/AN/A22.70K
Cash Flow to Debt Ratio
N/AN/A5.024.15N/AN/AN/AN/AN/AN/AN/AN/A
Company Equity Multiplier
1.201.231.361.401.251.291.331.471.311.371.291.25
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.230.180.220.190.200.160.210.190.080.230.150.16
Free Cash Flow / Operating Cash Flow Ratio
0.830.640.900.880.300.860.830.840.600.660.650.30
Cash Flow Coverage Ratio
N/AN/A5.024.15N/AN/AN/AN/AN/AN/AN/AN/A
Short Term Coverage Ratio
N/AN/A5.024.15N/AN/AN/AN/AN/AN/AN/AN/A
Dividend Payout Ratio
45.63%34.44%20.64%42.80%43.16%68.49%61.44%27.07%28.93%31.56%75.36%43.16%